Allspring Global Investments Holdings LLC Buys 165,805 Shares of Sanmina Corporation $SANM

Key Points

• Allspring Global Investments Holdings LLC boosted its Sanmina stake by 44.4% in Q4, purchasing 165,805 shares to hold 539,644 shares (about 0.99% of the company) valued at roughly $85.96 million.
• Sanmina beat estimates last quarter with $2.38 EPS versus $2.15 expected and revenue of $3.19 billion (up 59% year-over-year), and issued Q2 2026 guidance of $2.25–$2.55 EPS.
• Insiders sold 14,599 shares worth about $2.29 million over the last quarter (including sales by Director David V. Hedley III and EVP Alan Mcwilliams Reid), while institutional investors own about 92.71% of the stock.

Allspring Global Investments Holdings LLC boosted its position in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) by 44.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 539,644 shares of the electronics maker's stock after acquiring an additional 165,805 shares during the period. Allspring Global Investments Holdings LLC owned 0.99% of Sanmina worth $85,960,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SANM. Invesco Ltd. increased its holdings in shares of Sanmina by 74.6% in the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker's stock worth $251,590,000 after purchasing an additional 933,974 shares during the period. Norges Bank bought a new stake in Sanmina during the second quarter worth about $63,671,000. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Sanmina in the 3rd quarter worth about $61,946,000. Hennessy Advisors Inc. purchased a new position in shares of Sanmina in the 3rd quarter worth about $40,933,000. Finally, Qube Research & Technologies Ltd increased its position in shares of Sanmina by 354.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 371,270 shares of the electronics maker's stock valued at $42,737,000 after purchasing an additional 289,558 shares during the last quarter. Institutional investors own 92.71% of the company's stock.

Insider Buying and Selling

In related news, Director David V. Hedley III sold 1,024 shares of Sanmina stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $162.31, for a total transaction of $166,205.44. Following the sale, the director directly owned 6,340 shares in the company, valued at $1,029,045.40. The trade was a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $148.45, for a total value of $519,575.00. Following the completion of the transaction, the executive vice president owned 33,981 shares of the company's stock, valued at approximately $5,044,479.45. This trade represents a 9.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 14,599 shares of company stock valued at $2,290,728 over the last quarter. 3.10% of the stock is owned by company insiders.

Sanmina Price Performance

SANM stock opened at $129.64 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $7.08 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 0.56 and a beta of 1.01. Sanmina Corporation has a 12-month low of $63.67 and a 12-month high of $185.29. The firm's 50-day moving average price is $143.26 and its two-hundred day moving average price is $145.01.

Sanmina (NASDAQ:SANM - Get Free Report) last announced its quarterly earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the previous year, the business earned $1.16 EPS. Sanmina's revenue was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, equities analysts predict that Sanmina Corporation will post 5.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on SANM shares. Zacks Research upgraded shares of Sanmina from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a report on Monday. They set a "neutral" rating and a $145.00 target price on the stock. Finally, Argus boosted their price target on shares of Sanmina to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $155.00.

Sanmina Profile

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina's core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.